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Track Marvell Technology in real time with a live news feed covering Marvell Technology stock news, official press releases, company announcements, and an archive of historical Marvell Technology news. ...more
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Shares of Marvell Technology (MRVL), a rising player on the AI semiconductor stage, are higher by more than 21% for the month ending Oct. 9. It's easy to understand why.
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Shares of Marvell Technology (MRVL), a rising player on the AI semiconductor stage, are higher by more than 21% for the month ending Oct. 9. It's easy to understand why.
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Marvell Technology, Inc. is initiated with a BUY rating and a $298 base-case price target, anchored on its robust connectivity segment. MRVL's connectivity business, especially optical interconnect, is the core growth driver, with management guiding for FY28 revenues of $20 billion and strong operating leverage. The custom silicon segment presents significant upside but remains a swing variable, with notable partnerships yet facing competitive and execution risks.
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Intel is aggressively expanding its foundry services while defending its dominant position in the x86 processor market. Marvell is benefiting from high growth in data center connectivity and accelerated computing for artificial intelligence.
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ASML's better-than-expected earnings fail to revive the AI trade, with investors more focused on the looming inflation print.
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Marvell Technology is rated Buy, driven by an $80B fiscal 2031 revenue target and strong interconnect growth. Interconnect accounts for nearly half of MRVL's long-term plan, offering steadier, industry-wide upside versus lumpy custom chip contracts. Scale-up optics could reach $1B run rate by FY2029 and potentially capture a $10B market by 2030.
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Intel generated a higher absolute revenue figure than Marvell Technology in all eight comparable quarters, maintaining a wide gap in size between the two organizations throughout the charted period. Marvell delivered consistent quarter-over-quarter revenue growth, while Intel recorded a mostly steady baseline before logging a clear increase for the quarter ended June 2026.
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Marvell stock has left Broadcom and NVIDIA in the dust this year, but a gain that steep raises a sharper question than most investors want to answer about what happens next.
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Marvell forecasts that by fiscal 2031, it'll be generating around $80 billion in revenue. In its most recent fiscal year, its top line totaled $8.2 billion.
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Marvell Technology (MRVL) raised its FY28 revenue target to $20B, driven by accelerating AI connectivity and custom silicon opportunities. MRVL forecasts data center revenue to reach $18B in FY28, with connectivity and optics as key growth drivers and custom silicon ramping up thereafter. Operating margin targets increased to 44%-46% by FY31, with free cash flow margin above 36% and substantial shareholder returns planned.
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SANTA CLARA, Calif.--(BUSINESS WIRE)---- $MRVL #AEC--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced two additions to its advanced connectivity portfolio designed to meet the rapidly increasing bandwidth, reach and power-efficiency requirements of AI scale-up infrastructure. The new Alaska E 3.2T protocol-aware retimer and second-generation Alaska A 1.
6T AEC DSP extend 200G/lane connectivity across on-board, backplane and active electrical cabl.
SANTA CLARA, Calif.--(BUSINESS WIRE)---- $MRVL #AI--Marvell Technology, Inc. (NASDAQ: MRVL), Microsoft Corporation and Oracle today announced a collaborative effort aligned with the Open Compute Project (OCP) aimed at standardizing a NIST FIPS 140-3 Level 3 integrated HSM for cloud and hyperscale data center infrastructure. To direct this effort, the three companies have established a new OCP working group under OCP's Security Track. The working group's charter is to define open specifications for an integra.
The chips and networking company has got caught up in a broader AI chip selloff, but Microsoft's Maia 300 program can change that.
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Within a single week, three of the market's most prominent AI names collected Buy upgrades from Melius Research, TD Cowen and Goldman Sachs. Microsoft, Marvell Technology and Palantir Technologies each won over an analyst for a different reason: security, networking and data control.
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DRAM prices have surged nearly fivefold in some markets, and Micron's CEO expects conditions to get even tighter through 2028.
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Marvell Technology targets $30 billion in custom silicon revenue by FY2031, with XPU attach potentially reaching $15B—75x FY2026 levels. Marvell's XPU attach leverages existing IP, offers faster time-to-market, and delivers richer gross margins than full-custom accelerators. Despite aggressive growth targets, Marvell's current $275 price implies a high multiple on near-term earnings; upside depends on long-term execution.
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Marvell forecasts that by fiscal 2031, it'll be generating around $80 billion in revenue. In its most recent fiscal year, its top line totaled $8.2 billion.
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Marvell Technology (MRVL) raised its FY28 revenue target to $20B, driven by accelerating AI connectivity and custom silicon opportunities. MRVL forecasts data center revenue to reach $18B in FY28, with connectivity and optics as key growth drivers and custom silicon ramping up thereafter. Operating margin targets increased to 44%-46% by FY31, with free cash flow margin above 36% and substantial shareholder returns planned.
Read full article
The chips and networking company has got caught up in a broader AI chip selloff, but Microsoft's Maia 300 program can change that.
Read full article
Within a single week, three of the market's most prominent AI names collected Buy upgrades from Melius Research, TD Cowen and Goldman Sachs. Microsoft, Marvell Technology and Palantir Technologies each won over an analyst for a different reason: security, networking and data control.
Read full article
DRAM prices have surged nearly fivefold in some markets, and Micron's CEO expects conditions to get even tighter through 2028.
Read full article
Marvell Technology targets $30 billion in custom silicon revenue by FY2031, with XPU attach potentially reaching $15B—75x FY2026 levels. Marvell's XPU attach leverages existing IP, offers faster time-to-market, and delivers richer gross margins than full-custom accelerators. Despite aggressive growth targets, Marvell's current $275 price implies a high multiple on near-term earnings; upside depends on long-term execution.
Read full article
Marvell Technology has quietly become one of the purest AI infrastructure plays in semiconductors, but the real question is whether its explosive run has already priced in the future or if a case exists for another 79% gain from here.
Read full articleSANTA CLARA, Calif.--(BUSINESS WIRE)--Marvell Technology, Inc. (NASDAQ: MRVL), a leader in data infrastructure semiconductor solutions, today announced the second-generation Marvell Structera X 3406 and Marvell Structera X 3506 CXL memory expanders, designed to help cloud, enterprise and AI infrastructure providers build more efficient, scalable and higher-performance systems for the next era of AI and computing. Designed to address the evolving needs of leading hyperscale datacenters, Structer.
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SAN JOSE, Calif.--(BUSINESS WIRE)--Aviz Networks, the networking software stack for building, observing and operating modern networks today announced an expanded collaboration with Marvell to deliver Aviz's full software stack across the Marvell® Ethernet switching portfolio. The collaboration provides customers with a validated, production-ready SONiC-based solution that simplifies deployment and operations while enabling scalable, high-performance networking for AI infrastructure, cloud data.
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Marvell has already surged more than 200% this year, yet bulls are pushing price targets well past current levels as a major Investor Day announcement and a fresh analyst upgrade suggest the custom silicon story is accelerating faster than Wall
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